Vitesse Energy posts Q3 2026 net loss of $36.4 million; revenue rises 23% year-over-year to $82.95 million

Bitget2026/11/02 21:13

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Vitesse Energy reported a third-quarter 2026 GAAP net loss of $36.4 million, including a $46.6 million noncash unrealized commodity-derivative loss.
Revenue climbed 23% year over year to $82.95 million, while production fell 7% to 16,824 barrels of oil equivalent per day.
The Denver-Julesburg Basin acquisition closed in September with a $25.9 million payment and contributed one month of production.
Revised 2026 annual production guidance rose to 16,600–17,200 barrels of oil equivalent per day from 16,300–17,200 previously.
Annual drilling and completion cash capital expenditure guidance increased to $80 million–$90 million from $65 million–$80 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vitesse Energy Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261102548916) on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Vitesse Energy posts Q3 2026 net loss of $36.4 million; revenue rises 23% year-over-year to $82.95 million

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